Odisha to introduce land lease policy for RE projects

• Odisha government to introduce a land lease policy to boost renewable energy projects and meet 'Net Zero' commitments.
• The draft policy aims to facilitate smoother land allotment for RE ventures, addressing land acquisition hurdles.
• Land parcels will be leased to renewable energy developers for 25 years at a nominal rate.
• The state promotes diverse clean energy projects, including solar, hydro, green hydrogen, and green ammonia.
• Odisha has over 2,150 MW from in-state hydro and encourages rooftop solar, floating solar, and agro-PV.

Why It Matters: Odisha's land policy will ease land acquisition for renewable energy, boosting green goals.